Quarterly Activities Report
Brisbane, Jan 31, 2023 AEST (ABN Newswire) - Emerging lithium producer Sayona Mining Limited (
ASX:SYA) (DML:FRA) (SYAXF:OTCMKTS) has advanced closer towards the restart of lithium production at its flagship North American Lithium (NAL) operation in Quebec, Canada, while also expanding the Company's northern lithium hub, as highlighted in this Quarterly Activities and Cashflow Report for the December quarter 2022.
Quarter Highlights
Quebec, Canada
- North American Lithium (NAL) restart accelerates towards first production in late Q1, 2023
- Pre-feasibility Study (PFS) launched for production of lithium carbonate at NAL
- Strategic acquisition and earn-in of 48 claims adjacent to NAL (Vallee Lithium Project)
- PFS commenced for Moblan Lithium Project, targeting development of lithium mine and concentrator
- Further acquisition of 1,824 claims neighbouring Moblan, expanding northern lithium hub
Western Australia
- Joint Venture with Morella Corporation Limited (ASX:1MC) finalised to accelerate lithium exploration in the Pilbara and South Murchison
*To view the full quarterly report, please visit:
https://abnnewswire.net/lnk/GQ011953
About Sayona Mining Limited
Sayona Mining Limited (ASX:SYA) (OTCMKTS:SYAXF) is a North American lithium producer with projects in Quebec, Canada and Western Australia. In Quebec, Sayona's assets comprise North American Lithium together with the Authier Lithium Project and its emerging Tansim Lithium Project, supported by a strategic partnership with American lithium developer Piedmont Lithium Inc. (ASX:PLL). Sayona also holds a 60% stake in the Moblan Lithium Project in northern Quebec.
In Western Australia, the Company holds a large tenement portfolio in the Pilbara region
prospective for gold and lithium. Sayona is exploring for Hemi-style gold targets in the world-class Pilbara region, while its lithium projects include Company-owned leases and those subject to a joint venture with Morella Corporation (ASX:1MC).
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